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Search Results 0 to 10 of about 11 (some duplicates have been removed)
a major, new bold investment program, going into a new market, expanding a new technology, ect., you are worried about what the tax rate will be when that's generates cash in nine years. the best thing to do is create a lower rate, an expectation that there's not giant tax increases later. >> i agree with that. i think we should do in, but, a, you know we have the highest statutory right and no higher than average effective rates because we have the narrowest base of owl corporate income in the world. >> yeah. >> one of the reasons we have that system is because people like us argued for many years that the more efficient thing, the more, the better way to encourage investment was not to cut the corporate rate, but to have massively accelerated depreciation, expansion of investment, focusing on incentives rather than cutting the rate overall. i think the intuition is changing, but the way we're going it cut the rate is not by closing loopholes, but come out a painful expansions of the base like getting rid of accelerated depreciation and things which have a value so i think -- >> is
goodness we have more natural gas than the rest of the world combined and it's driven by the technological improvements and a five or ten year technological lead than the countries we're competing with. it's interesting, paul, if you look the at the last three or four years, now what industry has created more than any other industry in the united states. >> paul: the electric car industry, steve? (laughter) >> no, not that one. oil and gas and the thing that's so amazing, the president is doing almost everything he can to try to hold this back with regulations and with not allowi allowing permitting most of the oil and gas development is going out on private land and where the president has to get with the program because we could literally create millions more jobs if we get this story right. >> paul: jim, the consequences here economically are big for downstream production, things like manufacturing. >> right. >> that had left the, i talked to one ceo, dow chemical, who had planned years ago never to build another plant in the united states and now making a 4 billion dollar bet on manuf
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-weird! oh, is it febreze? yeah. ohh, how about that? febreze has anti-clogging technology that keeps it smelling fresh, even after 30 days. febreze. breathe happy. >>> welcome back to "hardball." david petraeus has been headline news all week and for all the wrong reasons. his extramarital affair with his biographer paula broadwell. today he was on capitol hill talking about a less prurient but more consequential matter, the attack on americans on benghazi. arriving through a secret entrance this morning, the former cia director made his way to the hill for closed meetings with the house and the senate intelligence committees to testify about that september 11th attack, an event he said and always believed was an act of terrorism. democratic congressman adam schiff from california sits on the intelligence committee and was in the hearing room this morning. congressman, this is so sensitive. is it true or not true that the united nations ambassador susan rice was given the correct known information about what happened in benghazi when she went on those five television shows on sunday
much rather power this economy with the energy technologies that won't be viable for 30, 40 years from now as opposed to driving the economy with what's viable today. >> phil, this analysis said we could be oil exporters within the next 20 years or some what kind of an impact would that have on our economy as a whole? >> well i think it is going to give us a new form of income. it will lower our trade deficit. we were always concerned about, you know, sending all our money to china for goods and the trade deficit with china, it is not fair. guess what? we're going to be in a distinct advantage over china, not only from a trade standpoint because we're going to be able to provide them with energy they need but also because we're going to be able to attract manufacturing jobs here to the united states. why? because we're going to have the reliable, low-priced energy source for years to come. that's going to bring manufacturing back to the u.s. that will bring factories and jobs. this is historic. i'm euphoric. i've seen it coming for some time. i'm glad the international energy agency is
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Search Results 0 to 10 of about 11 (some duplicates have been removed)